Chris Roberts
Do DSCR loans affect DTI
Do DSCR loans affect personal DTI if they are in an LLC?If so, it seems like having a few DSCR loans would make it difficult to qualify for a Heloc on a primary residence or even a car loan, for example. Also, are DSC...
Scott Passman
Why are landlords being so singled out?!?
I have a hard time understanding why landlords are considered so different from other businesses and business owners. Even before COVID-19 came onto the scene, it has been a prevailing theme over the last year or two ...
Logan Hassinger
SCAM ALERT- "Private Lender"- Wire Loan Fees First Then I'll Fund
There is someone out there using my name (although they are using my last name as their first name and my first name as their last name) to lure other real estate investors in to thinking this person will fund whateve...
Mindy Jensen
ALWAYS Send Out Documents in PDF - Uneditable Format
Hey Landlords. Maybe you've seen this article floating around the Internet this week about the tenant whose landlord sent them the rent in an editable Word Document, so he slipped in his own clause.Now, this is funny,...
Joe Butcher
3 X the rent on lower income?
I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
Sonia T.
How to evaluate listing agents - superstars vs mediocre
Hello,How does one evaluate a real estate agent/broker? Is it reasonable to ask for a MLS printout with the following:1) average days on market; 2) percentage removed from market without selling; 3) How close to listi...
Brandon Stone
Don't buy a home if you can't afford it
I see EVERY realtor on IG/ TIK TOK/ whatever; saying it's going to get more expensive to buy a home if you wait. You are a pumper. The inventory problem has not corrected itself, so prices could continue to rise, and...
Coleman Clark
Found asbestos During rehabbing 1st rental property
Test results positive for Asbestos on walls, and ceiling in kitchen area, and flooring the glue bonding under old vynal tiles, which is covered by carpet den and hallway. Sent removal proposal of all Asbestos areas te...
Account Closed
Deposit from previous landlord
Hello,I recently bought my first unit. We closed on the 25th and the previous tenant moved out on the 31st. I have two questions. 1. The tenant is asking for the deposit back. The tenant signed an agreement with the p...
Randy Dickerhoff
SUCCESS Only Starting Right
How do we start our journey to success? For some, our formative years helped mold and shape us into the triumphs we succumb to. Parents, teachers and coaches taught you, maybe pushed or dragged you along until you wer...